Listen to my latest 20 min. radio interview of November 23, 2022 on economic issues of the day, including latest Fed minutes for November and future trajectory of rate hikes; shortages of various oil fuels this winter (diesel, home heating, natural gas, etc.) and pass through of costs into prices by monopolistic US corporations; price caps sanctions on oil by US/EU and their inevitable collapse; and collapse of crypto company, FTX, and its possible contagion effects. FTX’s connection to Ukraine and its FTT digital currency collapse.
TO LISTEN GO TO:
https://drive.google.com/file/d/122WSdgY8OqvzzQG2AvuhHM3W7SrVTjAv/view
The question about China bringing Nicaragua into its economic orbit brings up a profound issue: WWIII aka nuclear holocaust. The last three remaining empires, Russian, Chinese, and US, each pathological in its own way, are grinding up against one another and while the world passively watches WWIII may erupt at any time. Karl Marx to his ever lasting credit tried to unite the working peoples of Germany and France against the eruption of war between the two. [See his The Civil War in France] Obviously he failed but the result of the crapulent elites [his metaphor] march toward war ultimately resulted in the linked human holocausts of WWI and WWII. Whatever else you say about Marx, at least he tried; few are making the effort now.
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